Soundwill Holdings (00878) said it reported a profit attributable to owners of HK$2,825 million for the year ended 31 December 2016, as compared to the loss of HK$52.604 million for the previous financial year.
This profit was mainly due to the increase in income recorded from the property development projects and increase in the net gain on fair value adjustments on investment properties during the year.
Basic and diluted earnings per share were HK$9.97.
The revenue was HK$1,628 million, an increase of 201% from a year earlier. The increase in revenue was mainly due to the increase in income recorded from the property development projects.
The proposed final and special dividend are HK20 cents (2015: HK20 cents) and HK$1 (2015: Nil) per share, payable on or about 8 June 2017.